Market static on quiet day

Yesterday was a quiet day from a macro announcementsperspective and given that markets have been highly focused on the macro of late, markets in turn were relatively quiet.

The IMF is meeting over the weekend with the intention of building a $600bn war chest of reserves to combat threats to the global economy, pledges of about $320bn are already in place.

The Irish market followed most of its European peers by making small gains, up 22.11 points to close the week at 3,232.64.